Forex Fundamental analysis

Fundamental analysis is a way of looking at the market by analyzing economic and political forces, social, and other external events, and factors that may affect currency prices right now and might happen in the future. Financial and economic statistics, information about the economic course of the government, meetings and the interest rates of Central banks, possible political events in the country, as well as all kinds of expectations and rumours are the most important things in fundamental analysis.

All these events shape supply and demand that determine prices, or in our case, the currency exchange rate. Fundamental analysis can show you how and why some events like an increase in the unemployment rate affect the economy and monetary policy of the country, which ultimately affect the level of demand for its currency.

The main idea behind fundamental analysis is that if a country’s economic outlook is favourable, its currency should strengthen.

The fundamental approach allows analyzing both short- and long-term perspectives.

24.08.2023

Something seems to be wrong with the GBP. Overview for 24.08.2023

GBPUSD tumbled during the Asian session.
23.08.2023

GBP achieves correction. Overview for 23.08.2023

The GBPUSD pair has managed to stabilise.
23.08.2023

Market sentiment towards the US dollar is strong again. Overview for 23.08.2023

The EURUSD pair could not maintain its balance and returned to a downward trend.
22.08.2023

EURUSD is stabilising. Overview for 22.08.2023

EURUSD has returned to a state of balance.
22.08.2023

JPY is preparing for a new declining wave. Overview for 22.08.2023

The USDJPY pair is confidently returning to its highs.
21.08.2023

USD is strong. Overview for 21.08.2023

The EURUSD pair continues to hover near its weekly lows.
18.08.2023

The decline of the AUD has come to a halt. Overview for 18.08.2023

AUDUSD has taken a pause in its rapid decline.
17.08.2023

AUD hits a nine-month low. Review for 17.08.2023

AUDUSD is plummeting rapidly and shows no signs of halting.